H.R. 430 (112th): HAMP Repeal and Deficit Reduction Act of 2011

Introduced:
Jan 25, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Jim Jordan [R-OH4]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on January 25, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 25, 2011
Referred to Committee Jan 25, 2011
Cosponsors
4 cosponsors (4R) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Full Title

To terminate the Home Affordable Modification Program of the Department of the Treasury.

Summary

No summaries available.

Text

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Last updated Jan 25, 2011.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/25/2011--Introduced.
HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the homeowner was extended an offer to participate in such Program on a trial or permanent basis.
Nullifies and terminates all contracts between the Secretary and mortgage servicers under HAMP, except with respect to such homeowners.
Provides for use of unobligated HAMP funds for reducing the federal debt.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

Slip Laws

Slip laws refer to enacted bills and joint resolutions in their original form as enacted by Congress, that is, before other laws amend them. Slip laws are cited as “Public Law XXX-YYY”, where XXX is the number of the Congress in which the bill or resolution was introduced.

Statutes at Large

The United States Statutes at Large is the compilation of all laws enacted by Congress.

  • 122 Stat. 2683